15%-18% increase

[manning]

someone posted this on the resort board. If this is true my DVC puchase is like gold.

"I was told by a reservationist that the annual price increase is approximately 15% to 18%. I was given an approximate price quote of a little over $3,100.00 and the actual price (when the 2007 rates came out) was a little over $3,300.00."

[Parkhopper13]

If this is a regular occurrence, then you are right...we're sitting on a gold mine. I tend to think this might be more of a short term blip. Prices could not continue to rise at 15%-18%...in a few years, no one would be able to afford it.

[Maistre Gracey]

It's also possible that's a forecast for our annual fees. If that increase is due to operating cost increases, than it will also affect the DVC Resorts. :smokin:

MG

[deerh]

Quote:if this is a regular occurrence, then you are right...we're sitting on a gold mine. I tend to think this might be more of a short term blip. Prices could not continue to rise at 15%-18%...in a few years, no one would be able to afford it.


Wish my paycheck would go up that much!! I am getting a 2.5% raise, but my health insurance is going up 2% so, I get a 0.5% raise!!! WOW!!!

DeerH

[keishashadow]

I've been unofficially tracking the rates since '03 (after 9-11, when travel was in a slump). One of the reasons we did buy DVC.

Rates have risen approx. 10% each year for the resorts i've tracked (values & deluxes-AK & WL standard rooms slightly less).

While i understand the dues are dependent upon maintenance & events (storm damange); just wondering if anyone knows the average overall % that the Dues have increased in the past few years?

[eliza61]

Quote:if this is a regular occurrence, then you are right...we're sitting on a gold mine. I tend to think this might be more of a short term blip. Prices could not continue to rise at 15%-18%...in a few years, no one would be able to afford it.


Wish my paycheck would go up that much!! I am getting a 2.5% raise, but my health insurance is going up 2% so, I get a 0.5% raise!!! WOW!!!

DeerH
Don't forget to factor in the raise in your gas prices.:teacher: I pretty much got the same raise and my boss just gushed about how great it was. :confused3

[Granny]

While i understand the dues are dependent upon maintenance & events (storm damange); just wondering if anyone knows the average overall % that the Dues have increased in the past few years?

Ask and you shall receive... DVC Dues History (http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm)

As you can see, overall the DVC dues have increased a lot less than a 10% average. Less than half that number probably. :thumbsup2

[Anthony1971]

someone posted this on the resort board. If this is true my DVC puchase is like gold.

"I was told by a reservationist that the annual price increase is approximately 15% to 18%. I was given an approximate price quote of a little over $3,100.00 and the actual price (when the 2007 rates came out) was a little over $3,300.00."


I wonder if Magic Express has anything to do with this and if DVC may get with the same....or maybe Disney will let the cash reservations cover us :idea:

[keishashadow]

Ask and you shall receive... DVC Dues History (http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm)

As you can see, overall the DVC dues have increased a lot less than a 10% average. Less than half that number probably. :thumbsup2
:) if only RL were so easy...thanks for the quick response.

of all the bills i seem to owe each month, the DVC dues ACH is the only one I don't mind paying.:banana:

[coloradodad]

2.5% is a tough one.

[spiceycat]

someone posted this on the resort board. If this is true my DVC puchase is like gold.

"I was told by a reservationist that the annual price increase is approximately 15% to 18%. I was given an approximate price quote of a little over $3,100.00 and the actual price (when the 2007 rates came out) was a little over $3,300.00."

that probablys includes the weekend price that will go up.

I would think the price for weekdays would be in the 7% to 10% range like always.

[crisi]

Is anyone else trying to figure out how $3100 to $3300 = a 15-18% increase? - I get 6.5% - perfectly in keeping with regular resort increases year after year.

[LisaS]

Is anyone else trying to figure out how $3100 to $3300 = a 15-18% increase? - I get 6.5% - perfectly in keeping with regular resort increases year after year.Same here. I figured some part of the original quoted story was missing, for example:

"I was told by a reservationist that the annual price increase is approximately 15% to 18%. I was given an approximate price quote of a little over $3,100.00 and the actual price (when the 2007 rates came out) was a little over $3,300.00." Possible missing piece of the story: "So in fact the increase was only 6.5%."

Something definitely doesn't add up (pardon the pun!).

[DVC Grammy]

One of the main reasons we originally bought DVC was that given the resorts we preferred, the rising prices would mean only one WDW trip per year. :sad2:
As we got older, we wanted to visit more often. Yes, we pre-paid for any upcoming vacations, but since WDW is our favorite vacation place, by buying in, we now go 3-6 times per year. :yay:

We don't find the dues cumbersome; they're a lot less than our annual travel budget used to be, and given that our first "home" was BWV at $63, even if we decide to sell in the future, I don't think we'd lose too much $. (No, I'm not planning on selling any of our homes; I'm just saying "if"..........:rolleyes1 ).

There have been so many magical "returns" already, that this is the kind of investment I prefer. :goodvibes

[CarolMN]

Is anyone else trying to figure out how $3100 to $3300 = a 15-18% increase? - I get 6.5% - perfectly in keeping with regular resort increases year after year.
Yeah - that was making me wonder, too. :confused3 :confused3 :confused3

[Entropy]

Quote:if this is a regular occurrence, then you are right...we're sitting on a gold mine. I tend to think this might be more of a short term blip. Prices could not continue to rise at 15%-18%...in a few years, no one would be able to afford it.


Wish my paycheck would go up that much!! I am getting a 2.5% raise, but my health insurance is going up 2% so, I get a 0.5% raise!!! WOW!!!

DeerH

That math only works if your salary and health insurance are the same amount.
For example:
If you're making $1000 a week and you get a 2.5% raise, you'll be making $25 more per week.
If your health insurance is $100 per week, you'll be paying $2 more per week.
Your net increase will be $23 per week or to phrase it differently, your net raise will be 2.3% not 0.5%.
I hope that this makes you feel better.

[tjcj]

With the various discounts out there you can get a better cash rate then what the disney rack rates are. So when ever I talk about the "value" of my points I consider this...